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LOLC Group delivers strong operating growth as diversified platform gains further scale

Daily Mirror - Sri Lanka

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June 01, 2026

LOLC Holdings PLC reported its financial results for the fiscal year ended March 31, 2026, indicating an expansion in core operating profitability and a scaling of its diversified business model.

LOLC Group delivers strong operating growth as diversified platform gains further scale

The conglomerate, maintaining operations across 27 countries, recorded a 49 percent year-over-year increase in results from operating activities, rising to Rs. 71.5 billion from Rs. 47.9 billion in FY2025. Gross income expanded by 28 percent to reach Rs. 430.3 billion, compared to Rs. 336.2 billion in the prior fiscal period. Operating profit before depreciation and amortisation increased to Rs. 88.8 billion from Rs. 60.6 billion, reflecting enhanced earnings capacity and operating leverage across the entity's underlying assets.

Net interest income grew to Rs. 119.9 billion from Rs. 105.6 billion, alongside a revenue increase to Rs. 158.2 billion from Rs. 109.2 billion. Gross profit expanded to Rs. 61.4 billion from Rs. 43.5 billion. Profit after tax was reported at Rs. 23.4 billion, a year-over-year movement largely attributed to the base effect of one-off items recognized in the preceding comparative period.

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